US Consumers Defer Payments On More Than 100 Million Loans

US Consumers Defer Payments On More Than 100 Million Loans
US Consumers Defer Payments On More Than 100 Million Loans
June 18, 2020  |  Loans

There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The...

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Borrowers Come Up Short On Home Equity Lines In Pandemic
Borrowers Come Up Short On Home Equity Lines In Pandemic
June 18, 2020  |  Loans

For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ)...

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Bitcoin Daily: Crypto.Com Signs On To Open Payments Coalition; VMWare Exec: Digital Money Needs Stronger Supervision
Bitcoin Daily: Crypto.Com Signs On To Open Payments Coalition; VMWare Exec: Digital Money Needs Stronger...
June 18, 2020  |  Bitcoin

Crypto.com said it has signed on to the Open Payments Coalition with a “commitment to drive open payments globally,” according to an announcement. Get the...

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Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
Albertsons Looks To Raise $1.51B In IPO On A $11.61B Valuation
June 18, 2020  |  IPO

Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S. Securities and Exchange Commission (SEC) filing....

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Coronavirus Refunds: LSU Plans To Reimburse Almost $5.2M To Students
Coronavirus Refunds: LSU Plans To Reimburse Almost $5.2M To Students
June 18, 2020  |  Coronavirus

As the pandemic continues to disrupt everyday life the world over, educational institutions are providing refunds. Students at Louisiana State University (LSU), in one case,...

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Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
Surecomp Rolls Out Fastrade Tool For SMB Trade Finance
June 18, 2020  |  B2B Payments

To let financial institutions provide trade finance functions to their small and medium-sized business (SMB) customers, Toronto-based Surecomp has rolled out its Fastrade front office...

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Western Union, AXA Team On Life Insurance Pilot Program
Western Union, AXA Team On Life Insurance Pilot Program
June 18, 2020  |  Partnerships / Acquisitions

Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free...

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Restaurants, Lawmakers Seek $120B Aid Package
Restaurants, Lawmakers Seek $120B Aid Package
June 18, 2020  |  Economy

The Independent Restaurant Coalition (IRC) has proposed a $120 billion relief package to prevent further closures and job losses due to COVID-19. Get the Full Story Complete...

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Carnival Loses $4.4B As Cruise Industry Sank In Q2
Carnival Loses $4.4B As Cruise Industry Sank In Q2
June 18, 2020  |  Earnings

Carnival Corp. posted a $4.4 billion loss in the second quarter as the cruise industry was docked due to COVD-19, the company reported Thursday (June...

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